KHC - My Top 3 Dividend Stocks to Buy Now
2023-05-07 07:10:00 ET
Are you looking to plug into some above-average dividend yields in this uncertain economy? Now's certainly the time. The Federal Reserve just upped the federal funds rate by another quarter of a point; dividend-paying stocks' yields are moving accordingly higher. The Federal Reserve's governors, however, are hinting that this one may be the last rate hike we see for a while.
As the elevated rates work their way toward slowly correcting the economy, here's a rundown of three great dividend stocks to consider adding to your portfolio sooner than later.
Kraft Heinz (NASDAQ: KHC) is, of course, the name behind beloved Heinz 57 ketchup and Kraft cheese slices. But did you know Oscar Mayer, Ore-Ida, Jell-O, Kool-Aid, and Velveeta are also brands in the Kraft Heinz family? This diverse product base allows for relatively predictable, stable revenue -- the company's always got something to sell to someone. That's great for supporting dividend payments too.
For further details see:
My Top 3 Dividend Stocks to Buy Now